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Kersey, CO vs Lake City, CO

88
Kersey
Colorado
VS
-10.6%
98
Lake City
Colorado

Kersey is moderately more affordable than Lake City, with a 10.6% lower cost of living index. Kersey scores 88 compared to 98 for Lake City, where the US average is 100. This difference means residents of Lake City can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Kersey is $923/month compared to $965/month in Lake City — a 4% difference. Home values follow the same pattern: Kersey is more affordable at $317,900 median vs $409,300.

Median household income in Kersey is $61,136 compared to $62,422 in Lake City (-2.1%). Lake City does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Kersey spend roughly 18.1% of their income on rent, less than the 18.6% in Lake City.

Income & Cost

Cost of Living Index
Kersey
88
11% cheaper
Lake City
98
Median Household Income
Kersey
$61,136
Lake City
$62,422
2% higher

Housing

Median Rent
Kersey
$923
4% cheaper
Lake City
$965
Median Home Value
Kersey
$317,900
22% cheaper
Lake City
$409,300
Population
Kersey
1,318
Lake City
474

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Kersey $2.95
Lake City
US $3.07
🥚
Eggs (grade A, large)
Kersey $2.41
Lake City
US $2.50
🥛
Milk (whole)
Kersey $3.88
Lake City
US $4.03
🍞
Bread (white)
Kersey $1.78
Lake City
US $1.85
🍗
Chicken breast
Kersey $3.99
Lake City
US $4.14
Electricity
Kersey $0.15
Lake City
US $0.19